It's not factor accumulation: stylized facts and growth models

dc.contributor.authorEasterly, William, 1957-
dc.contributor.authorLevine, Ross
dc.date.accessioned2019-11-01T00:01:41Z
dc.date.available2019-11-01T00:01:41Z
dc.date.issued2002
dc.descriptionThe central problem in understanding economic development and growth is not, in fact, to understand the process by which an economy raises its savings rate and increases the rate of physical capital accumulation. Many development practitioners and researchers continue to target capital accumulation as the driving force in economic growth. This paper, however, presents evidence regarding the sources and patterns of economic growth, the patterns of factor flows, and the impact of national policies on economic growth that suggest that something other than capital accumulation is critical for understanding differences in economic growth and income across countries.
dc.file.nameBCCh-sbc-v06-p061_114
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 61-114
dc.identifier.isbn956-7421-137
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3681
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 6
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectMODELOS DE CRECIMIENTO (ECONOMÍA)es_ES
dc.subjectDESARROLLO ECONÓMICOes_ES
dc.titleIt's not factor accumulation: stylized facts and growth models
dc.type.docArtículo

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